NAFED procures 402,049 tn of tur at MSP across four states

The National Agricultural Cooperative Marketing Federation of India procured 402,049 tn tur across Karnataka, Maharashtra, Telangana, and Andhra Pradesh as of Sunday. The federation began procuring the commodity as market prices had plunged below the minimum support price of 5,450 rupees per 100 kg due to higher arrivals of the fresh crop and subdued buying by dal millers. The agency procured 256,754 tn of tur in Karnataka, 75,300 tn in Telangana, 62,741 tn in Maharashtra, and 7,254 tn in Andhra Pradesh. So far, the agency has bought tur from 317,231 farmers across these states, through about 750 centres.

Tur prices down in Akola, unchanged in Kalaburagi

Prices of tur were down in Akola, the benchmark market for the pulse, because of expectations of rise in the supplies. Although arrivals are unchanged, the average daily arrivals have increased since the beginning of the week.

MMTC invites bids for sale of 9,016 metric tonne of imported tur.

MMTC Ltd has invited bids for sale of 9,016 metric tonne of tur imported from Africa, 7,093 metric tonne masur from Canada, and 4,887 metric tonne urad imported from Myanmar. The pulses are stocked at Central Warehousing Corp, Vashi, Ashara B3, Navi Mumbai, and Maharashtra State Warehousing Corp, Panvel. Bids have to be submitted on Oct 31, and opened on the same day. Bids remain valid up to Nov 2.

Prices of urad down in Akola on sluggish demand.

Prices of urad in Akola, Maharashtra, fell due to sluggish demand. However, expectations of lower output of the commodity this season, along with buying of the new crop in some states, is likely to push prices higher in the coming months.

MMTC to auction tur, urad via NCDEX e-markets on Oct 05.

MMTC will offer 4,304 MT of tur imported from Malawi and Mozambique, 3,438 MT of masoor imported from Canada and 1,279 MT of urad imported from Myanmar, for auction through NCDEX e-markets. Pulses, to be auctioned, are stocked at Central Warehousing Corp and other godowns in Maharashtra, Gujarat, West Bengal, and Tamil Nadu.

Tur prices down in Akola on lower demand from mills.

Prices of tur in Akola down because of a decline in demand from millers and expectations of higher yield due to favourable weather. Reports of sale of the pulses by the government from its buffer stocks is also seen creating bearish sentiment